UK gold miner Bluebird Mining Ventures to adopt Bitcoin treasury strategy.

UK gold miner Bluebird Mining Ventures to adopt Bitcoin treasury strategy.

A UK-listed gold miner, Bluebird Mining Ventures Ltd, has announced a significant shift in its treasury management strategy by converting future gold revenue into Bitcoin. This move, announced on June 5, 2025, positions Bluebird as one of the first publicly listed mining firms in the UK to adopt a Bitcoin-first approach [1].

Bluebird Mining Ventures, which focuses on developing gold and silver projects across Asia, plans to systematically convert its future income from gold mining into Bitcoin. The company aims to maintain minimal corporate overhead to support this strategic shift. This proactive approach to treasury management is designed to leverage the potential of Bitcoin as a long-term reserve asset [1].

The company's decision to convert gold revenue into Bitcoin is part of a growing trend among real asset firms to use Bitcoin as a store of value. This shift is driven by increasing inflation concerns and the growing legitimacy of digital assets. While tech firms like MicroStrategy have pioneered this approach, Bluebird's move signals that even traditional extractive industries are beginning to adopt Bitcoin as a hedge and long-term asset [1].

Bluebird Mining Ventures operates through a joint venture model, with key assets including the Gubong Gold Mine and the Kochang Gold and Silver Mine in South Korea. The company also owns the Batangas Gold Project in the Philippines. So far, it has secured over $9 million in committed capital, with $5 million allocated to Gubong and $2 million to Kochang. The company estimates a total resource of about 1.8 million ounces of gold across all projects [1].

In addition to converting revenue into Bitcoin, Bluebird plans to hold the digital currency on its balance sheet as a long-term reserve asset. The firm has stated that further announcements regarding this policy will follow in due course.

This strategic pivot by Bluebird Mining Ventures highlights the evolving landscape of financial management, where traditional asset classes are being complemented by digital assets. As the cryptocurrency industry continues to grow, more companies are exploring innovative ways to integrate Bitcoin into their treasury strategies.

References:
[1] https://cryptonews.com/news/uk-listed-gold-miner-to-convert-future-revenues-into-bitcoin/
[2] https://www.tradingview.com/news/reuters.com,2025-06-04:newsml_GNE7dQBTS:0-dnminer-introduces-complimentary-100-starter-balance-as-cloud-mining-gains-traction-in-2025/